美国SEC再次推迟卖空披露最后期限 给予对冲基金等机构更多时间
Jin Rong Jie·2025-12-04 01:48

Core Points - The SEC has postponed the deadlines for hedge funds and large investors to comply with short-selling and related stock lending disclosure regulations [1] - The new deadline for compliance with short-selling regulations is now January 2, 2028, and for stock lending disclosure regulations, it is September 28, 2028 [1] - The SEC believes these temporary exemptions align with public interest and investor protection [1] Industry Impact - Short-selling has been under increased scrutiny in the U.S. market, especially following the 2008 financial crisis and the 2021 surge in interest in "meme stocks" like GameStop Corp [1] - In October 2023, the SEC mandated that certain investment managers report short-selling data monthly, while pension funds, banks, and institutional fund managers must report stock lending transactions the next day [1] - Several industry associations have filed lawsuits challenging these regulations, and a ruling from the Fifth Circuit Court in August indicated that the SEC did not adequately consider the economic impact of these rules [1]